What Does a Fractal Look Like?

What Does a Fractal Look Like? And What Does It Have to Do with the Stock Market? By Elliott Wave International Although Ralph N. Elliott came to his conclusions 50 years before the new science of fractals blossomed, he took a step that current observers of natural processes have yet to take. He explained not only that the progress of the market was fractal in nature but discovered and described the component patterns. Find out more about the stock market and fractals in this excerpt. Read more.

SPX intraday update (Part 2)

Friday, September 18, 2009


Possible expanded triangle.

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SPX intraday update (Part 1)


My options for your consideration

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DAX intraday update (Part 1)


For short term the waves are not clear if wave iv already finished but very soon maybe DAX will have some pullback to complete wave d of this large wedge of wave Y (big picture).
You can see this count in SPX big picture charts on:
http://1.bp.blogspot.com/_XX1K8deKkBE/SrErrERxDXI/AAAAAAAAB80/qK0VOzW-1io/s1600-h/spx.jpg
http://4.bp.blogspot.com/_XX1K8deKkBE/SrEuMKMUYpI/AAAAAAAAB88/Dok--ECzlvI/s1600-h/spx.jpg

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SPX dialy update


Still have some doubts if wave iii finished. However if tomorrow we have another choppy session the odds suggest this count is correct. Now is better wait and see outside.

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